Peter L.  Ax net worth and biography

Peter Ax Biography and Net Worth

Director of Meritage Homes
Mr. Ax has been a director since September 2000 and is the Company's lead independent director. He is the CEO of UpscriptHealth, a telemedicine-based software platform which allows pharmaceutical manufacturers to sell medications direct-to-consumer. He is also the managing partner of Phoenix Capital Management, an operationally focused venture capital firm. Mr. Ax is the former chairman and chief executive officer of SpinCycle, Inc., a public reporting consolidator and developer of coin-operated laundromats. Previously, Mr. Ax served as head of the Private Equity Division and senior vice president of Lehman Brothers in New York and has served in various operating roles for enterprises operated by Phoenix Capital Management. Mr. Ax is also on the board of directors of iGo, Inc. (NASDAQ: IGOI). Mr. Ax holds an MBA from the Wharton School at the University of Pennsylvania, a J.D. from the University of Arizona, and a B.S.B.A. from the University of Arizona, and has been a certified public accountant. Mr. Ax possesses extensive skills and experience relating to, among other things, capital markets and corporate finance.

What is Peter L. Ax's net worth?

The estimated net worth of Peter L. Ax is at least $2.48 million as of August 7th, 2023. Mr. Ax owns 15,029 shares of Meritage Homes stock worth more than $2,480,536 as of April 26th. This net worth approximation does not reflect any other assets that Mr. Ax may own. Learn More about Peter L. Ax's net worth.

How do I contact Peter L. Ax?

The corporate mailing address for Mr. Ax and other Meritage Homes executives is 8800 EAST RAINTREE DRIVE SUITE 300, SCOTTSDALE AZ, 85260. Meritage Homes can also be reached via phone at (480) 515-8100 and via email at [email protected]. Learn More on Peter L. Ax's contact information.

Has Peter L. Ax been buying or selling shares of Meritage Homes?

Peter L. Ax has not been actively trading shares of Meritage Homes in the last ninety days. Most recently, Peter L. Ax sold 3,000 shares of the business's stock in a transaction on Monday, August 7th. The shares were sold at an average price of $149.50, for a transaction totalling $448,500.00. Following the completion of the sale, the director now directly owns 15,029 shares of the company's stock, valued at $2,246,835.50. Learn More on Peter L. Ax's trading history.

Who are Meritage Homes' active insiders?

Meritage Homes' insider roster includes Peter Ax (Director), Dana Bradford (Director), Javier Feliciano (EVP), Gerald Haddock (Director), Steven Hilton (Chairman), Phillippe Lord (CEO), Michael Odell (Director), Raymond Oppel (Director), Alison Sasser (CAO), Hilla Sferruzza (CFO), Clinton Szubinski (COO), and C. White (EVP). Learn More on Meritage Homes' active insiders.

Are insiders buying or selling shares of Meritage Homes?

During the last twelve months, insiders at the construction company sold shares 12 times. They sold a total of 23,229 shares worth more than $3,301,588.58. The most recent insider tranaction occured on March, 13th when CEO Phillippe Lord sold 2,500 shares worth more than $406,975.00. Insiders at Meritage Homes own 2.0% of the company. Learn More about insider trades at Meritage Homes.

Information on this page was last updated on 3/13/2024.

Peter L. Ax Insider Trading History at Meritage Homes

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/7/2023Sell3,000$149.50$448,500.0015,029View SEC Filing Icon  
3/4/2022Sell5,062$98.86$500,429.32View SEC Filing Icon  
10/29/2021Sell5,000$112.26$561,300.00View SEC Filing Icon  
5/4/2021Sell5,500$108.17$594,935.0027,209View SEC Filing Icon  
9/14/2020Sell3,000$100.07$300,210.0029,400View SEC Filing Icon  
9/9/2020Sell3,000$99.24$297,720.0029,400View SEC Filing Icon  
3/8/2018Sell12,500$44.02$550,250.00View SEC Filing Icon  
6/13/2016Sell15,000$36.71$550,650.0045,000View SEC Filing Icon  
See Full Table

Peter L. Ax Buying and Selling Activity at Meritage Homes

This chart shows Peter L Ax's buying and selling at Meritage Homes by year and by quarter.

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Meritage Homes Company Overview

Meritage Homes logo
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Florida, Georgia, North Carolina, South Carolina, and Tennessee. The company also offers title and escrow, mortgage, insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
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Today's Range

Now: $165.05
Low: $158.64
High: $166.91

50 Day Range

MA: $159.18
Low: $150.00
High: $175.50

2 Week Range

Now: $165.05
Low: $109.23
High: $179.68

Volume

951,249 shs

Average Volume

309,944 shs

Market Capitalization

$5.99 billion

P/E Ratio

7.70

Dividend Yield

1.94%

Beta

1.77